News Articles
Rivian reduces its production forecast due to a shortage of components.
Rivian Automotive has reduced its 2024 production forecast by 10,000 vehicles, now expecting to manufacture between 47,000 and 49,000 units due to a parts shortage affecting its R1 and RCV platforms.
Read MoreDollar Tree moves forward with its rotacart delivery program.
Dollar Tree is enhancing its delivery system by utilizing rotacart technology from its distribution centers in West Memphis, Arkansas, and Chesapeake, Virginia. Currently, over 600 stores are receivin
Read MoreWithin UPS's efforts to expand its healthcare logistics sector significantly.
UPS is expanding its healthcare logistics sector through both internal growth and acquisitions, aiming to reach $20 billion in annual revenue by 2026, doubling its 2023 figures. The company is focusin
Read MoreHong Kong Air Cargo introduces a weekly service to Birmingham.
Hong Kong Air Cargo has launched a new weekly all-cargo route between Hong Kong and Birmingham, U.K., using the Airbus A330-200F freighter. Chairman Gary Zhan expressed excitement about this new conne
Read MoreMarco Bloemen starts Aevean in collaboration with Daniel dos Reis Miranda.
Marco Bloemen and Daniel dos Reis Miranda, ex-Seabury Consulting professionals, have established Aevean, a new aviation and logistics strategy consulting firm. The name combines "Aero" and "Ocean," in
Read MoreSwiss WorldCargo reinstates its agreement with Globe Air Cargo Bulgaria.
Swiss WorldCargo has renewed its partnership with Globe Air Cargo Bulgaria effective June 1, 2024, continuing a collaboration that began in 2008. To enhance this partnership, Globe Air Cargo has added
Read MoreDave Clark has founded a logistics startup called Auger and successfully secured $100 million in funding.
Dave Clark, the former CEO of Flexport and current Amazon executive, has launched a logistics startup called Auger, aimed at transforming supply chain management through an AI-powered operating system
Read MoreSwiss has renewed its agreement with Globe Air Cargo.
Since June 1st, Swiss WorldCargo has renewed its long-standing partnership with Globe Air Cargo Bulgaria, which dates back to 2008. This collaboration has been revitalized with the hiring of an additi
Read MoreCathay has been reawarded three of IATA's CEIV accreditations.
As we enter the peak seasonal period, the market shows strong growth, driven by e-commerce and increased tonnages in our specialized shipments. We are investing in solutions for time-sensitive, temper
Read MorePCN welcomes Korea Total Logistics as a new member.
Project Cargo Network welcomes Korea Total Logistics as a new member. Established in 2000, the company is headquartered in Seoul, with branches at key locations like Incheon Airport and Busan. Recomme
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